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(Bloomberg) -- Federal Reserve Bank of Richmond President Thomas Barkin said the US central bank needs to keep borrowing costs elevated for longer to lower inflation to its 2% target, citing higher prices in the services sector.Most Read from BloombergUS Inflation Data Was Accidentally Released 30 Minutes EarlyPutin and Xi Vow to Step Up Fight to Counter US ‘Containment’Jamie Dimon Sees ‘Lot of Inflationary Forces in Front of Us’Dow Average Is Trading Near Historic 40,000 Mark: Markets WrapSlova

(Bloomberg) -- Mortgage rates in the US eased further, relieving some pressure on buyers forging ahead in a tough US housing market.Most Read from BloombergUS Inflation Data Was Accidentally Released 30 Minutes EarlyPutin and Xi Vow to Step Up Fight to Counter US ‘Containment’Jamie Dimon Sees ‘Lot of Inflationary Forces in Front of Us’Dow Average Is Trading Near Historic 40,000 Mark: Markets WrapWith a BlackRock CEO, $9 Trillion Vanguard Braces for TurbulenceThe average for a 30-year, fixed loan

The U.S. Workforce Deconstructed; Bank of Mexico Holds Interest Rate Steady; RBA Keeps Options Open By James Christie Good day. Every year, the Bureau of Labor Statistics publishes data serving...

Key African economies to hold off from rate cuts until second Half of 2024.